Centram Exploration Ltd. and Crossland Uranium Mines Ltd., an ASX (Australian Stock Exchange) issuer under the symbol "CUX," signed a letter agreement on Feb. 14, 2007, establishing a joint venture focused on the exploration for and development of uranium properties in Australia and worldwide. The joint venture agreement expiry date has been extended to enable Centram to achieve Tier 2 listing status on the TSX Venture Exchange, which was a condition set by the Crossland board.

To enhance worldwide uranium search, the partners have established a private Canadian company, Crosscontinental Uranium Ltd., which is owned and financed on a 50:50 basis. Crosscontinental has lodged applications for eight exploration permits for uranium in Burkina Faso, West Africa, covering an area of 1,376 square kilometres. Crosscontinental has also secured option agreements on an additional 15 uranium exploration permit applications held by local citizens, covering 3,131 square kilometres, and one granted permit covering 250 square kilometres. This would bring Crosscontinental's total exploration area in Burkina Faso to 4,757 square kilometres.

The areas secured by Crosscontinental cover a significant proportion of zones that rated well for uranium prospectivity in a 2003 study of the mineral potential of Burkina Faso financed by the European Development Fund, and is the first expansion of Centram's and Crossland's search for large uranium deposits beyond Australia.

Preparation of  available geographic,  geological and  geophysical data  on the areas is already under way, while ground radiometric surveys will commence on the granted title as soon as suitable equipment can be shipped to site. Additional areas will be incorporated in the survey as they are granted.

Crossland's technical team, with considerable experience and success in uranium exploration, development and mining, has been augmented by Centram directors David Mosher and Don Whalen, president, chief executive officer and executive chairman, respectively, of the successful gold focused company, High River Gold Mines Ltd. (TSX: HRG), which has a strong mining presence in Burkina Faso, and which will be of great assistance to Crosscontinental with initial exploration activities.

We seek Safe Harbor.

FOR FURTHER INFORMATION PLEASE CONTACT:

Richard Mark

Centram Exploration Ltd.

T. (604) 986-2020
F. (604) 986-2021

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release is not for distribution to any U.S. news wire services or for dissemination in the United States of America.